SAN FRANCISCO, July 14, 2022 /PRNewswire/ The global medical tubing market is expected to reach USD 19.53 billion by 2028 constituting a CAGR of 7.0% from 2022 to 2028, as per the report
to
reach a value of USD 27.75 billion by the end of the forecast period in 2028, as per a new market study by Grand View Research, Inc. It is projected
to expand at a CAGR of 8.0% from 2021 to 2028. Growing demand for medical and pharmaceutical packaging, especially flexible packaging for medicines, blood bags, surgical gloves, and medical drapes, has been driving the market growth over the last few years. The growing importance of medical polymers in hip and joint replacement applications, and spinal and cranial implants, is gaining popularity and is expected to significantly impact the market growth.
Key suggestions from the report: